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Binance will be down for about 1 hour on December 24, due to a previously agreed system update to improve performance. The statement made by Binance is that futures and option trading will not be affected by this situation during this period. The processes that will be closed during the update are: Deposit and withdrawal, Spot and margin trading, P2P and OTC trading, Saving and redemption services, Clearing or adding / removing liquidity with Luquid swap, staking or using assets in lunchpool, Asset transfers, Transfers from sub accounts, margin accounts, futures accounts, pool accounts and fiat wallets After the update ends, members will be given half an hour for order cancellations, deposits and withdrawals, and pre-trade account functions. Binance advised those with open futures or collateral positions to review their collateral balances so that members are not adversely affected by market fluctuations. Binance announced in its announcement that it will suspend transactions 10 minutes before the update is made. He asked that withdrawals and deposits and all asset transfers would be stopped and all members complete their transactions according to this time. Binance stated that it will instantly share the status of the update from social media accounts, emphasizing that the update time is an estimated 1 hour and may vary.